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Software Provider Compassoft Granted Prestigious Elite 8 Status
Upcoming Angel and VC Investment Summit Presents Compassoft to
Software and Internet Services Investor Panelists
Scotts Valley, CA - May 16, 2006 - Compassoft Inc, a software leader in the discovery, validation and control of End User Computing (EUC) applications such as spreadsheets, databases and reports, today announced that it has been selected by the Golden Capital Network (GCN) as an "Elite 8" participant at the GCN Annual Angel and Venture Capital Summit to be held May 23-24 in El Dorado Hills, CA.
"Selections for Elite 8 status were made by a GCN subcommittee who carefully considered endorsements from participating Venture Capital funds," said Jon Gregory, president and chief executive officer of GCN. "Compassoft has a promising automated business solution that discovers widely distributed data and reports necessary for accurate accounting and auditing, and our software investor panel will have an opportunity to hear more about the company's plans and successes to date."
"We are honored to be selected as one of the Elite 8 to present our business case and technology achievements to the Software and Internet Services Showcase panel," said Compassoft President and CEO Paul Bach. "Compassoft is gaining recognition in today's business environment where most companies lack adequate discovery, validation and controls to ensure accuracy in their financial spreadsheets, core databases and reports stored across the enterprise, encompassing desktops and laptops. Our applications assist companies in their daily auditing, general accounting and compliance activities."
About Compassoft Inc
Compassoft Inc is a provider of software applications for the discovery, validation and control of End User Computing (EUCs) applications such as spreadsheets, databases and reports. Compassoft© reduces non-compliance risk and increases reporting accuracy by identifying, retrieving and documenting both visible and obscure sources of business-critical information stored on servers, desktops and notebooks distributed across the organization. Compassoft Inc, based in Scotts Valley CA, has won numerous awards for its technology and holds several US and international patents on its technology. For more information, please visit www.compassoft.com .
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Julia Glenister, JAG Wire Group
Tel: (415) 459-3688; Cell: (415) 246-6075
jag@jagwiregroup.com |
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